Axal CEO Ash Ahmed Expresses Enthusiasm Following Axal Yield Launch and $2.5 Million Funding

Ash Ahmed, Founder and CEO of fintech innovator Axal, recently took to social media to express his excitement, tweeting, "hyped for this! sips, bips, spreads, yield, and 🔥 takes." This follows the recent launch of Axal Yield, a groundbreaking savings tool designed to offer users significant onchain yield, and a successful $2.5 million pre-seed funding round.

Axal Yield, which went live in August 2025, is a strategic collaboration with MoonPay, a prominent crypto payment infrastructure provider. The platform aims to simplify access to decentralized finance (DeFi) lending strategies, enabling users worldwide to earn an impressive 6-10% Annual Percentage Yield (APY) effortlessly. The partnership integrates MoonPay's new Virtual Accounts, streamlining deposits and onboarding for a seamless user experience.

The core of Axal Yield lies in its smart automation engine, which continuously rebalances and reallocates capital across a diversified portfolio of crypto yield strategies. This innovative approach targets stable performance while dynamically adapting to market conditions. "Axal puts that capital to work by generating meaningful, passive income while giving users full control of their funds," Ahmed stated previously regarding the platform's mission to activate idle capital.

Prior to the product launch, Axal secured $2.5 million in pre-seed funding in November 2024. The funding round was led by CMT Digital, a venture capital firm focused on blockchain technology, with notable participation from a16z Crypto Startup School, among other investors. This capital infusion is earmarked to expand Axal's team and further develop its core architecture for verifiable autonomous agents.

Axal's broader vision involves building a network of autonomous agents capable of executing complex user requests on the blockchain, extending beyond simple swaps to multi-step automations. The launch of Axal Yield and the recent funding underscore the company's commitment to making sophisticated onchain strategies accessible and transparent, positioning Axal as a key player in the evolving DeFi landscape.